HB 4591

Principle Criteria
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Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
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Individual Liberty
Digest
HB 4591 revises pension contribution and benefit rules for fire and police pension funds. It grants actuaries and pension boards greater authority to adjust contribution rates based on fund solvency. The bill also increases employer contribution requirements if actuarial analysis determines the pension fund is underfunded while allowing for contribution decreases if the pension fund meets certain solvency metrics​.
Author (1)
Mary Gonzalez
Co-Author (1)
Rhetta Bowers
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